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05/31/09(Sun)13:22 No.4721554Hey /tg/ let's talk a little about economy. And, incidentally, why capitalism will fail.
It's called debt. Debt and loans. There's a bit to this, but simply, any time you loan money, you create money out of nothing. Or rather, the bank does. The amount of money you loaned did not exist before you loaned it. And when you return it, it goes to the bank. What this does is slowly, over time, you create an economic bubble. Of debt. Of money that does not exist. Sometimes, this bubble bursts and we're thrown into a recession. But it's not quite a bubble, and it doesn't quite burst like a bubble does, because even after this recession the bubble is still there. And it continues to grow. Recessions get worse and worse. Until, finally, there will be a total global economic collapse, if we do not some time in the future wisen up and shun capitalism. |